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Bti
Video
Coindesk’s Bitcoin Trend Indicator Turns Neutral From Bullish
CoinDesk's Bitcoin Trend Indicator (BTI), which measures the directional momentum and strength in bitcoin's price, flipped from bullish to neutral on Thursday. "It's important to look at the Bitcoin Trend Indicator," Bitwise Crypto Analyst Ryan Rasmussen said, "but it's more important to look under the hood at [bitcoin's] fundamentals."
Video
Bitcoin Touches 2-Month Low
Bitcoin fell to a two-month low of $26,150 during Asian trading hours Friday, now taking its decline since May 6 to roughly 12%. This comes as CoinDesk's Bitcoin Trend Indicator (BTI), which measures the directional momentum in bitcoin’s price, flipped Thursday from bullish to neutral for the first time in three weeks. Bitwise Crypto Analyst Ryan Rasmussen discusses his crypto markets analysis and outlook.
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